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Rental Market Trends in Fort Wayne, IN

What is the average rent in Fort Wayne, IN?

$986/month

Average Rent

683 Sq Ft

Average Apartment Size

+3.6%

Increase in the Last Year

As of March 2026, the average rent in Fort Wayne, IN is $986 per month. This is 39% lower than the national average rent of $1,626/month, making renting in Fort Wayne more affordable than most cities in the US. When you rent an apartment in Fort Wayne, you can expect to pay about $797 per month for a studio, $986 for a one-bedroom apartment, and around $1,242 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,535 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$797/month
413 Sq Ft
One Bedroom
$986/month
683 Sq Ft
Two Bedroom
$1,242/month
998 Sq Ft
Three Bedroom
$1,535/month
1,297 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,081/month
781 Sq Ft
Three Bedroom
$2,274/month
1,188 Sq Ft
Four Bedroom
$1,882/month
1,938 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,714/month
1,027 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,591/month
1,071 Sq Ft

How much has average rent changed in Fort Wayne, IN?

In the past year, rent has increased by 3.6%, which averages out to $36 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Fort Wayne, IN
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Fort Wayne, IN
Percentage*
Rent Range
12% Below $700/month
35% $700 - $1,000/month
28% $1,001 - $1,500/month
20% $1,501 - $2,000/month
5% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Fort Wayne?

Based on current rent prices, Bridgedale Terrace, South Suburban and North Anthony are the most affordable neighborhoods in Fort Wayne.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Bridgedale Terrace
$793/month
581 Sq Ft
South Suburban
$861/month
504 Sq Ft
North Anthony
$868/month
610 Sq Ft
South Fort Wayne
$893/month
661 Sq Ft
Highland Park Forest
$897/month
629 Sq Ft
Brookside/Parkerdale
$938/month
637 Sq Ft
Eldorado Hills
$938/month
637 Sq Ft
Brookside Estates
$938/month
637 Sq Ft
Breconshire
$945/month
656 Sq Ft
South Bridge
$948/month
704 Sq Ft

What are the most expensive neighborhoods in Fort Wayne?

Based on current rent prices, Brookview Civic, The Landing Historic District and West Cenrtal Historic District are the most expensive neighborhoods in Fort Wayne.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Brookview Civic
$1,612/month
763 Sq Ft
The Landing Historic District
$1,558/month
773 Sq Ft
West Cenrtal Historic District
$1,548/month
659 Sq Ft
The Shores
$1,533/month
850 Sq Ft
West Central
$1,496/month
699 Sq Ft
Downtown Fort Wayne
$1,478/month
742 Sq Ft
Oakmont
$1,465/month
778 Sq Ft
Windsor Woods
$1,465/month
778 Sq Ft
Brookview
$1,326/month
770 Sq Ft
The Oaks
$1,321/month
708 Sq Ft

Which Fort Wayne neighborhoods have the most rentals available?

The neighborhoods in Fort Wayne with the most apartments available are North Fort Wayne, Southwest Fort Wayne and Downtown Fort Wayne .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Fort Wayne
$1,143/month
751 Sq Ft
Southwest Fort Wayne
$1,145/month
731 Sq Ft
Downtown Fort Wayne
$1,478/month
742 Sq Ft
West Central
$1,496/month
699 Sq Ft
Canterbury Green
$1,115/month
809 Sq Ft
West Cenrtal Historic District
$1,548/month
659 Sq Ft
The Landing Historic District
$1,558/month
773 Sq Ft
Brookview Civic
$1,612/month
763 Sq Ft
The Oaks
$1,321/month
708 Sq Ft
South Fort Wayne
$893/month
661 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Fort Wayne, IN?

Because the average rent in Fort Wayne is $986, you’ll want to make about $3,286 per month or $39,432 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Fort Wayne, IN is 6.6% lower than the national average. Generally, housing in Fort Wayne is 16.2% less expensive than the national average, with rent falling between $797 - $1,535. You can expect to pay 0.2% less for groceries, 5.4% less for utilities, and 0.5% more for transportation.

City

Fort Wayne, IN

2,268 Available Apartments for Rent

Search for Nearby Apartments

How does Fort Wayne, IN compare to other nearby cities and neighborhoods?

Use the tool below to compare Fort Wayne, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Fort Wayne, IN

Apartment Averages

Bridgedale Terrace

Fort Wayne, IN

Brookview Civic

Fort Wayne, IN

Studio
-
-
One Bedroom
-
$1,299/month
Two Bedroom
-
$1,531/month
Three Bedroom
-
$1,655/month
Search
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Nearby City Rent Trends

  • New Haven Average Rent

Apartment communities in Fort Wayne we think you'll love

Canterbury Green

Canterbury Green

2727 Canterbury Blvd,
Fort Wayne, IN 46835

$1,035 - $2,671

Studio - 3 Beds

Skyline Tower

Skyline Tower

855 Webster St,
Fort Wayne, IN 46802

$1,269 - $2,559

Studio - 3 Beds

Coventry Court West Apartments

Coventry Court West Apartments

5810 Meadows Dr,
Fort Wayne, IN 46804

$969 - $1,749

1-3 Beds

Gateway Apartments

Gateway Apartments

9114 Parent Rd,
New Haven, IN 46774

$1,550

2 Beds

Property Management Companies in Fort Wayne, IN

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4 Communities in Fort Wayne
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4 Communities in Fort Wayne
Birge & Held
Birge & Held
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  • 22,650

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4 Communities in Fort Wayne
Mid-America Management
Mid-America Management
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Morgan Properties
Morgan Properties
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3 Communities in Fort Wayne
BAM Companies
BAM Companies
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IGC Residential Property Management
IGC Residential Property Management
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3 Communities in Fort Wayne

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United States Indiana Fort Wayne Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity